Singapore
2020-07-24 16:13
Market analysisNZD/USD Outlook (24 July 2020)
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Market analysis:
Overall, NZD/USD is trending upwards. Recently, NZD/USD’s rally came to a halt.
The New Zealand Trade Balance data (Actual: 426M, Forecast: 450M, Previous: 1286M revised from 1253M) released earlier today indicated a decline in trade surplus for June.
NZD/USD’s next support zone is at 0.65800 and the next resistance zone is at 0.67200.
Look for short-term buying opportunities of NZD/USD.
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NZD/USD Outlook (24 July 2020)
Singapore | 2020-07-24 16:13
Overall, NZD/USD is trending upwards. Recently, NZD/USD’s rally came to a halt.
The New Zealand Trade Balance data (Actual: 426M, Forecast: 450M, Previous: 1286M revised from 1253M) released earlier today indicated a decline in trade surplus for June.
NZD/USD’s next support zone is at 0.65800 and the next resistance zone is at 0.67200.
Look for short-term buying opportunities of NZD/USD.
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